Hey guys, I’m going to use real words here, no numbers no math, no algorithms nothing confusing to lay a few things out.
Essentially the free ride is over, there’s not more something for nothing. There has been on ongoing push from within the community (that I agree with) to remove some people from getting free votes from Stax every day. There are lots of guys making shit post, like 4-6times/day that rarely or never vote for Stax getting rewards for nothing. Others that do contribute very little have been getting too large a portion.
The math is all balanced out to ensure if you want to give back and support the bot, you will in fact get more back in the end, this is because we’ve now reached a critical mass that the bot is becoming self supporting, she is cannibalizing herself and giving all her SBD (over 1000STEEM last month) back into the community. So it’s starting to become an investment in steem for some members and a damn good one.
There has been a call for over 2 months to eliminate the votes towards the members that give nothing, last month I pushed it aside, but now it’s growing, it’s been voted on and received a resounding yes vote and it will proceed. Everyone will always remain a member of #steemsilvergold and that list will be maintained by @silverstackeruk, but everyone will no longer receive a vote for nothing.
Everyone for months has been calling for everyone to vote 100% on Stax’s daily posts and over 30-40 guys do, but the rest don’t over 100members have been getting a free ride. This was also started and promoted from the community. Okay, maybe it wasn’t laid out there and mandatory but now it is. So get over to steemvoter or whatever you want to use and set it up, make sure you’re voting 100% daily or no more votes, that’s it! Next month we may also add another small donation or delegation but for now just vote 100% the POST everyday to keep getting your votes.
Just to lay it out one more time it is now mandatory to vote Stax’s post with 100% voting power, every day! Dont worry about her comments if you want to vote them fine it’s a nice bonus, but make sure you vote her daily post!
Enough with the Rant, but while I’m here lets also have a history lesson.
Everything Stax has done has been community driven and following the will of the community. The idea to start her came from the community and I @phelimint appreciated the vision and agreed to do it. Seeing how central the follow bots were to the minnowsupport community and steemit overall; I felt it would help legitimize and establish our community. From the start I was more than happy to let her limp along and grow slowly and organically, although I did buy her first 200 STEEM right from blocktrades with my own money to help. Soon after her forming some other members saw the vision, namely @raybrockman and began to support her heavily. Then there was a call to lease delegation SP to help her grow and really give back. Some more unsolicited donations started to roll in. This was an untested pipe dream and we gave it a shot. That first month Ray and I gave 100Steem to test it out, last month Ray gave way the heck more than 100 (like 450 I think) and thedamus saw the vision and gave 100 along with myself, slowly more and more members are seeing the vision and giving more. STAX was also able due to the price pump of SBD to use all her SBD she earns though posts to purchase this lease. Shortly after inception the consensus was to try to provide weighted votes in return for how much donations were given to Stax. Calculating amounts for everyone and trying to balance the voting power became incredibly difficult and that’s why we’re move to tiers, it was proposed and discussed extensively. It’s been in the works for 1 month. The proposed tiers have been posted in almost every daily post for the last month and no one has a peep of concern, now there’s an uproar. Believe me the tiers are fair and everyone gets back much more then they give. Yes the smaller members get more and the bigger members get less, but in my mind that’s fair too, it helps support growth of the smaller members.
Now we’re really reached a critical mass and we have more donations then delegated SP leases currently available on the market. We will slowly work to rebalance as everyone grows to try to promote more delegations of SP from members internally, but for now most of the power is still coming from Leased SP that many members are paying into with steem they have donated.
While I’m ranting here, there is a hell of a lot of work happening in the background to make this all work. I see very little personal rewards; I donate heavily and get the same vote as everyone else. Stax’s post rewards are all reinvesting into the leases and back to everyone. I don’t mind, I see the vision, I’m happy and excited to see people benefiting and very happy with their votes and supports from Stax. Would I think it’s fair if I got some bonus extra vote in return, certainly, but I haven’t done it. If STEEM even does rise in value you all may be rich men because of this initiate and that some members were willing to support it. I am getting slightly annoyed, heck that’s make it very annoyed with the complaints and whining recently. This shouldn’t be a shock, it’s laid out every single day in Stax’s posts, there’s an ongoing dialogue from everyone. If you want to have you voice heard, show up and contribute to the conversation. Don’t show up all of sudden and complain and ask what the heck is happening. It’s all there “on the block” for everyone to read and take part in. Nothing is happening without community input and discussions.